General Dynamics Corporation (GD) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 13.48B | 14.38B | 12.91B | 13.04B | 12.22B | 13.34B | 11.67B | 11.98B | 10.73B | 11.67B | 10.57B | 10.15B |
| Revenue Growth % | 10.29% | 7.8% | 10.59% | 8.89% | 13.9% | 14.31% | 10.41% | 17.97% | 8.6% | 7.53% | 5.97% | 10.48% |
| Cost of Goods Sold | 11.34B | 12.24B | 10.94B | 11.09B | 10.33B | 11.25B | 9.86B | 10.18B | 9.07B | 9.74B | 8.91B | 8.59B |
| COGS % of Revenue | 84.1% | 85.11% | 84.75% | 85.05% | 84.51% | 84.37% | 84.44% | 84.97% | 84.5% | 83.52% | 84.32% | 84.56% |
| Gross Profit | 2.14B | 2.14B | 1.97B | 1.95B | 1.89B | 2.08B | 1.82B | 1.8B | 1.66B | 1.92B | 1.66B | 1.57B |
| Gross Margin % | 15.9% | 14.89% | 15.25% | 14.95% | 15.49% | 15.63% | 15.56% | 15.03% | 15.5% | 16.48% | 15.68% | 15.44% |
| Gross Profit Growth % | 13.21% | 2.69% | 8.37% | 8.28% | 13.83% | 8.42% | 9.53% | 14.87% | 9.12% | 5.02% | -0.42% | -1.57% |
| Operating Expenses | 723M | 689M | 637M | 644M | 625M | 662M | 635M | 644M | 627M | 635M | 601M | 605M |
| OpEx % of Revenue | 5.36% | 4.79% | 4.94% | 4.94% | 5.11% | 4.96% | 5.44% | 5.38% | 5.84% | 5.44% | 5.69% | 5.96% |
| Selling, General & Admin | 723M | 683M | 637M | 644M | 625M | 662M | 635M | 644M | 627M | 635M | 601M | 605M |
| SG&A % of Revenue | 5.36% | 4.75% | 4.94% | 4.94% | 5.11% | 4.96% | 5.44% | 5.38% | 5.84% | 5.44% | 5.69% | 5.96% |
| Research & Development | 0 | 486M | 0 | 0 | 0 | 565M | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 3.38% | - | - | - | 4.24% | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.42B | 1.45B | 1.33B | 1.3B | 1.27B | 1.42B | 1.18B | 1.16B | 1.04B | 1.29B | 1.06B | 962M |
| Operating Margin % | 10.53% | 10.1% | 10.31% | 10.01% | 10.37% | 10.67% | 10.12% | 9.65% | 9.65% | 11.04% | 10% | 9.48% |
| Operating Income Growth % | 11.99% | 2.04% | 12.7% | 12.89% | 22.39% | 10.48% | 11.73% | 20.17% | 10.45% | 4.97% | -3.73% | -1.64% |
| EBITDA | 1.65B | 1.46B | 1.56B | 1.53B | 1.49B | 1.66B | 1.4B | 1.37B | 1.25B | 1.51B | 1.26B | 1.17B |
| EBITDA Margin % | 12.25% | 10.15% | 12.06% | 11.72% | 12.2% | 12.47% | 11.99% | 11.46% | 11.62% | 12.94% | 11.97% | 11.52% |
| EBITDA Growth % | 10.8% | -12.21% | 11.29% | 11.29% | 19.57% | 10.13% | 10.59% | 17.45% | 7.13% | 2.93% | -3.95% | -1.76% |
| D&A (Non-Cash Add-back) | 232M | 8M | 226M | 223M | 223M | 240M | 218M | 217M | 211M | 222M | 208M | 207M |
| EBIT | 1.42B | 1.51B | 1.33B | 1.3B | 1.27B | 1.56B | 1.18B | 1.16B | 1.04B | 1.43B | 1.06B | 962M |
| Net Interest Income | -69M | -63M | -74M | -88M | -89M | -76M | -82M | -84M | -82M | -78M | -85M | -89M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 69M | 63M | 74M | 88M | 89M | 76M | 82M | 84M | 82M | 78M | 85M | 89M |
| Other Income/Expense | -51M | -53M | -59M | -73M | -68M | -55M | -67M | -66M | -68M | -61M | -66M | -76M |
| Pretax Income | 1.37B | 1.4B | 1.27B | 1.23B | 1.2B | 1.37B | 1.11B | 1.09B | 968M | 1.23B | 991M | 886M |
| Pretax Margin % | 10.15% | 9.73% | 9.86% | 9.45% | 9.82% | 10.26% | 9.54% | 9.1% | 9.02% | 10.52% | 9.37% | 8.73% |
| Income Tax | 244M | 256M | 213M | 218M | 206M | 220M | 184M | 185M | 169M | 222M | 155M | 142M |
| Effective Tax Rate % | 17.82% | 18.3% | 16.75% | 17.69% | 17.17% | 16.08% | 16.52% | 16.97% | 17.46% | 18.09% | 15.64% | 16.03% |
| Net Income | 1.13B | 1.14B | 1.06B | 1.01B | 994M | 1.15B | 930M | 905M | 799M | 1B | 836M | 744M |
| Net Margin % | 8.35% | 7.95% | 8.2% | 7.78% | 8.13% | 8.61% | 7.97% | 7.56% | 7.45% | 8.61% | 7.91% | 7.33% |
| Net Income Growth % | 13.18% | -0.44% | 13.87% | 12.04% | 24.41% | 14.23% | 11.24% | 21.64% | 9.45% | 1.31% | -7.32% | -2.87% |
| Net Income (Continuing) | 1.13B | 1.14B | 1.06B | 1.01B | 994M | 1.15B | 930M | 905M | 799M | 1B | 836M | 744M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 4.10 | 4.17 | 3.89 | 3.74 | 3.66 | 4.15 | 3.35 | 3.26 | 2.88 | 3.64 | 3.04 | 2.70 |
| EPS Growth % | 12.02% | 0.48% | 16.12% | 14.72% | 27.08% | 14.01% | 10.2% | 20.74% | 9.09% | 1.68% | -6.75% | -1.82% |
| EPS (Basic) | 4.16 | 4.23 | 3.94 | 3.78 | 3.69 | 4.20 | 3.39 | 3.30 | 2.92 | 3.68 | 3.07 | 2.72 |
| Diluted Shares Outstanding | 274.1M | 273.9M | 271.8M | 270.94M | 271.75M | 276.9M | 277.9M | 277.72M | 277M | 275.9M | 274.75M | 275.09M |
| Basic Shares Outstanding | 270.2M | 269.9M | 268.8M | 268.14M | 269.04M | 273.4M | 274.4M | 274.12M | 273.5M | 272.8M | 272.58M | 273.14M |
| Dividend Payout Ratio | 36% | 35.43% | 38.05% | 39.65% | 38.53% | 33.88% | 41.94% | 42.98% | 45.18% | 35.82% | 43.42% | 48.39% |